The best indicator for TJX Companies (TJX)
We backtested 382 indicators across daily, weekly and hourly charts on real TJX Companies (TJX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Fibonacci Pivots
On the weekly chart, this is the strongest risk-adjusted edge we found for TJX Companies (TJX) over ~39.1 years — trailing buy-and-hold by 3.1% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for TJX Companies (TJX) — trailing buy-and-hold by 10.3% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Fibonacci Pivots ✓ | Weekly | 13.7% | 0.76 | -44.0% | 60.6% | 312 | -3.1% |
| 2 | SMC: Change of Character ✓ | Weekly | 16.2% | 0.72 | -46.9% | 68.8% | 16 | -0.6% |
| 3 | Camarilla Pivots ✓ | Weekly | 12.9% | 0.68 | -49.3% | 57.7% | 416 | -3.9% |
| 4 | McGinley 100 Trend ✓ | Daily | 17.7% | 0.67 | -65.1% | 23.7% | 38 | 0.8% |
| 5 | Pivot Points (Standard) ✓ | Weekly | 11.3% | 0.67 | -43.5% | 59.6% | 282 | -5.5% |
| 6 | WMA 15/60 Cross ✓ | Weekly | 14.1% | 0.67 | -41.0% | 57.9% | 19 | -2.7% |
| 7 | TRIX (15) ✓ | Weekly | 14.7% | 0.67 | -44.6% | 64.7% | 17 | -2.2% |
| 8 | WMA 20/50 Cross ✓ | Weekly | 14.1% | 0.66 | -44.0% | 66.7% | 21 | -2.7% |
| 9 | McGinley Dynamic ✓ | Weekly | 16.8% | 0.66 | -67.9% | 30.0% | 20 | -0.0% |
| 10 | EMA 100 Trend ✓ | Weekly | 14.4% | 0.66 | -44.0% | 60.6% | 33 | -2.4% |
| 11 | Disparity (100) ✓ | Weekly | 14.2% | 0.66 | -44.3% | 60.6% | 33 | -2.6% |
| 12 | McGinley 200 Trend ✓ | Daily | 16.9% | 0.65 | -60.9% | 22.7% | 22 | 0.0% |
| 13 | Donchian 20 Break ✓ | Weekly | 12.7% | 0.65 | -44.1% | 63.2% | 19 | -4.1% |
| 14 | RSI (50) ✓ | Weekly | 14.4% | 0.64 | -65.9% | 61.5% | 39 | -2.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For TJX Companies (TJX), Fibonacci Pivots on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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